Just because the damage is spread out to thousands of people doesn't mean it's a victimless crime. I'm trade stocks and I'm a victim, too. The damage to the sha

Just because the damage is spread out to thousands of people doesn't mean it's a victimless crime. I'm trade stocks and I'm a victim, too. The damage to the share market's reputation may scare off some people, they will lose an avenue for investing their savings, as a result suffer a reduction on the return of their capital over their lifetime, with a significant chance of relying on the society for their retirement, because they were put off from investing, causing an increased drain on society's resources as well as a permanent reduction in their self esteem due to their lack of self reliance. In terms of damage to people's emotional state I still think insider trading is more insidious than breaking and entering. My home has been broken and entered into twice but I'm still more angry when insiders traded off private information in a company I invested in.